Do you require your tenants to carry renter’s insurance in your lease? Do you enforce it? Your tenants can go out in the open insurance market and purchase an annual renter’s insurance policy by paying a couple months of premium … Read More
Insuring your investment properties under your homeowner’s liability policy is a common mistake for many new investors. Many will contact their local agent who insures their home and auto, and request to add the investment property coverage. The easiest thing … Read More
After an active 2017, the state of the habitational insurance market is at perhaps its most volatile point in close to a decade. With three major hurricanes (Harvey, Irma and Maria) and the California mudslides causing damage into the billions, … Read More
Turnkey operators have unique needs when it comes to how they insure their property investment portfolio. Whether it’s deciding to carry property and liability insurance (or liability only) or determining what building value is sufficient, turnkey operators need an insurance … Read More
Follow these tips to manage your property insurance costs and always work with an agent who is looking out for your best interest as an investor.
1. SHOP FOR THE BEST RATES
You should work directly with an independent broker … Read More
Understanding the difference between Flood, Water Damage and Sewer Back-Up is a common area of confusion for any real estate investor. Which covers what exposure? How can I purchase these coverages if they are excluded from my current policy?… Read More